Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    204 S Broadway Ave Red Lodge, MT 59068

    Sponsored
    For Sale
    $990,000

    COMMERCIAL - Red Lodge, MT

    Property size:
    1,936 SF
    Lot size:
    0.06 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 6 at 5:06 pm

    Property Features for 204 S Broadway Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1001600
    Parking
    3
    Interior features
    Storage
    Appliances
    Refrigerator
    Size
    1,936 SF
    Lot size
    0.06 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    1
    Building materials
    Frame, WoodSiding
    Roof type
    Asphalt
    Additional Structures
    Storage

    H BAR S Real E.

    Listing agent Rene Turnbull (406) 446-3535 License #RRE-RBS-LIC-99200

    Listing date Dec 16, 2025

    Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Bar in Red Lodge

    This is a blue ribbon opportunity to acquire an iconic western bar establishment in Red Lodge, Montana, a ski town at the base of the Beartooth Mountains. The Blue Ribbon Bar, a popular local watering hole with a strong customer base of locals and tourists, is offered for sale. The sale includes an all-beverage, gaming, and catering license and is turnkey with all fixtures included. Updates have been made regularly over the years, demonstrating pride of ownership. The property features a large back patio, suitable as a summertime entertainment center. The building has a size of 1936 square feet and sits on a lot of 0.0591 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Wholesale Shop Storage Facility HVAC Service Hair Salon Skin Care Clinic Kitchen & Bath Auto Parts Store Building Supply Car Rental Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Foster & Logans Pub & Grill, Babcock & Miles Cafe & Wine Bar, Snow Creek Saloon, The Snag Bar, One Legged Magpie

    Location Insight

    • Map
    • Local Demand
    City
    Red Lodge
    County
    Carbon
    State
    Montana
    Longitude
    -109.246604
    Latitude
    45.184775

    Nearby Similar for Sale

    • $795,000
      4,084 SF

      Historical Downtown Commercial Building

      Charming two-story building in Red Lodge's historical downtown.
      16 Broadway Ave N, Red Lodge, MT 59068
      View Details
    • New
      $695,000
      2,616 SF

      Legacy Restaurant in Red Lodge

      Established restaurant with art deco building and stunning gardens.
      501 Word Ave S, Red Lodge, MT 59068
      View Details
    • $199,999

      Red Lodge Office Investment Opportunity

      Income-producing office condo in downtown Red Lodge with long-term tenant.
      23 Broadway #90 Ave N, Red Lodge, MT 59068
      View Details
    • $2,995,000
      15,667 SF

      Turnkey 24-Bed Healthcare Facility

      Meticulously designed facility with private suites near Beartooth Mountains.
      2475 Broadway Ave North, Red Lodge, MT 59068
      View Details
    • $999,999
      3,125 SF

      Red Lodge Restaurant - Turnkey Opportunity

      Established Restaurant, Prime Location, High Traffic
      104 Broadway Ave, Red Lodge, MT 59068
      View Details
    • $1,175,000
      1,936 SF

      Blue Ribbon Bar: Iconic Red Lodge Business

      Established Bar & Building, Turnkey Operation
      204 Broadway Ave, Red Lodge, MT 59068
      View Details

    FAQs

    What type of property is this?
    Bar - Established bar with gaming license in a ski town.
    Where is this bar located?
    The property is located at 204 S Broadway Ave Red Lodge, MT.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Iconic Western Bar: The Blue Ribbon Bar, a well-established and recognized business operating for over 70 years.; - Turnkey Business Opportunity: Includes all beverage, gaming, and catering licenses, along with all fixtures.; - Prime Location: Situated in Red Lodge, a popular ski town at the base of the Beartooth Mountains, attracting both locals and tourists.
    (406) 581-9207
    Request Owner's contact information
    204 S Broadway Ave Red Lodge, MT 59068
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 S Broadway Ave
    Red Lodge, MT 59068
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 S Broadway Ave Red Lodge, MT 59068
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.